VaultTrading

XPEV Breakout

Long
NYSE:XPEV   XPeng Inc.
On the Daily Chart, we have potential breakout from XPEV. We have broken the resistance from the downtrend and moved above the Point of Control from the Volume Profile. The increasing volume is an additional indicator that XPEV is ready to launch if we stay above this POC.

Looking for continuation to our entry price @ 36.84

Targets are set just under the heavy volume levels given from the volume profile.

1st Target: 43.40
2nd Target: 46.60
Stop Loss: 30.00 (under POC)


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